Indigo Company has the following portfolio of investment securities at September 30, 2020, its most recent...
Pearl Company has the following portfolio of investment
securities at September 30, 2020, its most recent reporting date.
Investment Securities Cost Fair Value Horton, Inc. common (4,800
shares) $206,400 $190,060 Monty, Inc. preferred (3,430 shares)
126,910 133,740 Oakwood Corp. common (1,020 shares) 179,520 178,470
On October 10, 2020, the Horton shares were sold at a price of $54
per share. In addition, 3,090 shares of Patriot common stock were
acquired at $56 per share on November 2, 2020. The December...
Splish Company has the following portfolio of investment securities at September 30, 2020, its most recent reporting date. Investment Securities Horton, Inc. common (5,180 shares) Monty, Inc. preferred (3,200 shares) Oakwood Corp.common (930 shares) Cost $217,560 115,200 171,120 Fair Value $204,010 121,760 170,150 On October 10, 2020, the Horton shares were sold at a price of $51 per share. In addition, 3,150 shares of Patriot common stock were acquired at $53 per share on November 2, 2020. The December 31,...
Skysong Company has the following portfolio of investment securities at September 30, 2020, its most recent reporting date. Investment Securities Horton, Inc. common (4,670 shares) Monty, Inc. preferred (3,740 shares) Oakwood Corp. common (950 shares) Cost Fair Value $205,480 $190,250 145,860 153,180 161,500 160,470 On October 10, 2020, the Horton shares were sold at a price of $56 per share. In addition, 3,290 shares of Patriot common stock were acquired at $58 per share on November 2, 2020. The December...
Skysong Company has the following portfolio of investment securities at September 30, 2020, its most recent reporting date. Investment Securities Horton, Inc. common (4,670 shares) Monty, Inc. preferred (3,740 shares) Oakwood Corp. common (950 shares) Cost Fair Value $205,480 $190,250 145,860 153,180 161,500 160,470 On October 10, 2020, the Horton shares were sold at a price of $56 per share. In addition, 3,290 shares of Patriot common stock were acquired at $58 per share on November 2, 2020. The December...
Sandhill Company has the following portfolio of investment securities at September 30, 2020, its most recent reporting date. Investment Securities Horton, Inc. common (4,540 shares) Monty, Inc. preferred (3,210 shares) Oakwood Corp. common (930 shares) Cost $199,760 121,980 155,310 Fair Value $185,890 128,450 154,310 On October 10, 2020, the Horton shares were sold at a price of $52 per share. In addition, 3,200 shares of Patriot common stock were acquired at $53 per share on November 2, 2020. The December...
View Policies Current Attempt in Progress Cullumber Company has the following portfolio of investment securities at September 30, 2020, its most recent reporting date. Investment Securities Horton, Inc. common (5,500 shares) Monty, Inc. preferred (3,830 shares) Oakwood Corp.common (980 shares) Cost $236,500 141,710 179,340 Fair Value $221,790 149,280 178,430 On October 10, 2020, the Horton shares were sold at a price of $52 per share. In addition, 3,170 shares of Patriot common stock were acquired at $53 per share on...
CALCULATOR PRINTER VERSION ellar Company has the following portfolio of investment securities at September 30, 2017, its last reporting date. Cost Fair Value $209,920 $195,040 147,030 153,920 189,000 187,990 Trading Securities lorton, Inc. common (5,120 shares) Monty, Inc. preferred (3,770 shares) Oakwood Corp. common (1,080 shares) On October 10, 2017, the Horton shares were sold at a price of $53 per share. In addition, 3,270 shares of Patriot common stock were acquired at $54 per sh November 2, 2017. The...
Indigo Company has the following securities in its portfolio on December 31, 2020. None of these investments are accounted for under the equity method. Investments Cost Fair Value 1,500 shares of Gordon, Inc., Common $79,600 $74,700 5,000 shares of Wallace Corp., Common 170,900 165,800 400 shares of Martin, Inc., Preferred 65,800 67,200 $316,300 $307,700 All of the securities were purchased in 2020. In 2021, Indigo completed the following securities transactions March 1 Sold the 1,500 shares of Gordon, Inc., Common,...
Larkspur Company has the following securities in its investment portfolio on December 31, 2020 (all securities were purchased in 2020): (1) 2,800 shares of Anderson Co. common stock which cost $53,200, (2) 10,700 shares of Munter Ltd. common stock which cost $599,200, and (3) 6,000 shares of King Company preferred stock which cost $258,000. The Fair Value Adjustment account shows a credit of $10,100 at the end of 2020. In 2021, Larkspur completed the following securities transactions. 1. On January...
Sage Company has the following securities in its portfolio on
December 31, 2020. None of these investments are accounted for
under the equity method.
Investments
Cost
Fair Value
1,500 shares of Gordon, Inc.,
Common
$77,600
$73,200
5,000 shares of Wallace
Corp., Common
172,900
167,700
400 shares of Martin, Inc.,
Preferred
63,500
65,100
$314,000
$306,000
All of the securities were purchased in 2020.
In 2021, Sage completed the following securities
transactions.
March 1
Sold the 1,500 shares of
Gordon, Inc., Common,...